It’s a good time to be in Canada’s oil and gas industry. For all Canadians’ professed concern about climate change, the O&G business managed record revenues in 2022 and 2023, with a near-record projected for 2025. But if the CPC wins the next election, that’ll be just the beginning. A Poilievre government will pursue a light-regulation, fossil-fuel-boosting, drill-baby-drill agenda. It’ll also have cross-partisan support, thanks to growing calls for Canada to assert sovereignty over its resources.

Mark Carney’s Liberals have already cut the consumer carbon tax. Poilievre says he’ll go further by ditching carbon pricing on industrial polluters. He’ll also scrap the emissions cap on oil producers, which currently requires........

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